Question

In: Statistics and Probability

The numbers of branches of the 50 top banks are shown below:    67 84 80...

The numbers of branches of the 50 top banks are shown below:   

67 84 80 77 97 59 62 37 33 42 36 54 18 12 19 33 49 24 25 22 24 29 9 21   

21 24 31 17 15 21 13 19 19 22 22 30 41 22 18 20 26 33 14 14 16 22 26 10 16 24.

construct a frequency distribution for the data
construct a histogram for the data
describe the shape of the histogram
check for outliers
calculate the Pearson Coefficient of Skewness
What is your conclusion? Is the data normal?

Solutions

Expert Solution

Solution-:

By using MS-Excel

we find frequency distribution and to draw histogram as below:

Class Upper Limit Freuqency
0-9 9 1
10-199 19 14
20-29 29 17
30-39 39 7
40-49 49 3
50-59 59 2
60-69 69 2
70-79 79 1
80-89 89 2
90-99 99 1

This histogram shows skewed to the right.

By using R-Software:

> x=c(67,84,80,77,97,59,62,37,33,42,36,54,18,12,19,33,49,24,25,22,24,29,9,21,21,24,31,17,15,21,13,19,19,22,22,30,41,22,18,20,26,33,14,14,16,22,26,10,16,24);x
[1] 67 84 80 77 97 59 62 37 33 42 36 54 18 12 19 33 49 24 25 22 24 29 9 21 21
[26] 24 31 17 15 21 13 19 19 22 22 30 41 22 18 20 26 33 14 14 16 22 26 10 16 24
> n=length(x);n
[1] 50
> #To find outliers for that purpose we find IQR
> Q1=quantile(x,0.25);Q1
25%
19
> Q3=quantile(x,0.75);Q3
75%
35.25
> IQR=Q3-Q1;IQR
75%
16.25
> # An outlier is defined as being any point of data that lies over 1.5*IQR below the Q1 or above the Q3 in the dataset
> High=Q3+1.5*IQR;High
75%
59.625
> Low=Q1-1.5*IQR;Low
25%
-5.375
> #There are 6 outlires: 62,67,77,80,84,97
> #for finding Pearson Coefficient of Skewness
> mean=mean(x);mean
[1] 31.38
> tx=table(x);tx
x
9 10 12 13 14 15 16 17 18 19 20 21 22 24 25 26 29 30 31 33 36 37 41 42 49 54
1 1 1 1 2 1 2 1 2 3 1 3 5 4 1 2 1 1 1 3 1 1 1 1 1 1
59 62 67 77 80 84 97
1 1 1 1 1 1 1
> m=which(tx==max(tx))
> stx=sort(unique(x))
> Mode=stx[m];
> Mode
[1] 22
> n=50
> v=var(x);v
[1] 425.22
> var=((n-1)/n)*v;var
[1] 416.7156
> sd=sqrt(var);sd # Standard Deviation
[1] 20.41361
> Sk=(mean-Mode)/sd;Sk #Pearson Coefficient of Skewness
[1] 0.4594973
> #For Normality tset
> shapiro.test(x)

Shapiro-Wilk normality test

data: x
W = 0.80208, p-value = 9.796e-07

> #Conclusion:- If pvalue=9.796e-07< l.o.s.= \alpha=0.05 then We say that data is not normal.

R-Code:

x=c(67,84,80,77,97,59,62,37,33,42,36,54,18,12,19,33,49,24,25,22,24,29,9,21,21,24,31,17,15,21,13,19,19,22,22,30,41,22,18,20,26,33,14,14,16,22,26,10,16,24);x
n=length(x);n
#To find outliers for that purpose we find IQR
Q1=quantile(x,0.25);Q1
Q3=quantile(x,0.75);Q3
IQR=Q3-Q1;IQR
# An outlier is defined as being any point of data that lies over 1.5*IQR below the Q1 or above the Q3 in the dataset
High=Q3+1.5*IQR;High
Low=Q1-1.5*IQR;Low
#There are 6 outlires: 62,67,77,80,84,97
#for finding Pearson Coefficient of Skewness
mean=mean(x);mean
tx=table(x);tx
m=which(tx==max(tx))
stx=sort(unique(x))
Mode=stx[m];
Mode
n=50
v=var(x);v
var=((n-1)/n)*v;var
sd=sqrt(var);sd # Standard Deviation
Sk=(mean-Mode)/sd;Sk #Pearson Coefficient of Skewness
#For Normality tset
shapiro.test(x)
#Conclusion:- If pvalue=9.796e-07< l.o.s.= \alpha=0.05 then We say that data is not normal.


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